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Funds transfer best practices

Date post: 21-Aug-2015
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Funds Transfer Best Practices
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Page 1: Funds transfer best practices

Funds Transfer Best Practices

Page 2: Funds transfer best practices

About me

Page 3: Funds transfer best practices

Anson ZeallCEO & Co-Founder

● Batch 11 - 500 Startups● Co-founder and Chairman of ACCESS (Association of

Cryptocurrency Enterprises and Startups, Singapore)● Computer Science by training, hedge fund manager by

profession● Founded a private family office trading/managing

assets of US equities, derivatives and Asian Real Estate

● Built a Multi-level marketing company, top 10 youngest sales in Asia Pacific

● 3-time entrepreneur

linkedin.com/in/ansonzeallangel.co/anson-zeall

twitter.com/ansonzeall

angel.co/coinpip | [email protected]

Page 4: Funds transfer best practices

Why sending money

overseas’ such a bitch?

Page 5: Funds transfer best practices

Banks are too connected with SWIFTangel.co/coinpip | [email protected]

● Founded in 1973, SWIFT facilitates all wire transfers worldwide

● SWIFT’s main revenue stream are the wire fees.

Page 6: Funds transfer best practices

What is CoinPip?

Page 7: Funds transfer best practices

angel.co/coinpip | [email protected]

- Bank to bank via regional bitcoin exchanges- Users do NOT need to know ANYTHING about Bitcoin

Page 8: Funds transfer best practices

Best practices for payroll

and payouts

Page 9: Funds transfer best practices

angel.co/coinpip | [email protected]

1. Agree on who pays the fees2. Agree on how to deal with the exchange rate3. Which currency you’re “hooking” the

payroll/payout to4. Agree on the tax management of the

payments5. Find ways to minimize transfer fees!6. Calculate the invisible exchange spreads

Page 10: Funds transfer best practices

Remote workers management - Best Practices

Page 11: Funds transfer best practices

angel.co/coinpip | [email protected]

1. CoinPip’s Mission: Recruit talented passionate freelancers

2. Treat them as if you’re paying them locally3. Remote != No love!4. Use Project Management tools. E.g. We use a

combination of Trello and Basecamp5. Pay on TIME

Page 12: Funds transfer best practices

Ways we can help you

Page 13: Funds transfer best practices

angel.co/coinpip | [email protected]

1. CoinPip does not charge a foreign exchange rate.

2. We only charge a transaction fee of 2%, regardless if you’re sending $20 or $10000 (#500strong gets 1% for life)

3. We help you do all your payouts4. You pass us USD, and we do the rest5. We send to Indonesia, Hong Kong, Singapore,

China, Taiwan, Philippines, India and Bitcoin

Page 14: Funds transfer best practices

The Remote Business

Refer to pages 7- 16 of http://www.slideshare.net/CoinPip/the-remote-business

Page 15: Funds transfer best practices

Sign up with us at coinpip.com

Email [email protected] and mention CoinPipLoves500 to get lifetime 1% fee

Page 16: Funds transfer best practices

Anson ZeallCEO & Co-Founder

linkedin.com/in/ansonzeallangel.co/anson-zeall

twitter.com/ansonzeall

[email protected]

angel.co/coinpip | [email protected]


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